Short Interest in ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) Expands By 561.5%

ETC 6 Meridian Low Beta Equity Strategy ETF (NYSEARCA:SIXL) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 258 shares, an increase of 561.5% from the May 14th total of 39 shares. Based on an average trading volume of 2,605 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

ETC 6 Meridian Low Beta Equity Strategy ETF Price Performance

Shares of NYSEARCA:SIXL traded down $0.06 on Thursday, hitting $38.55. The company’s stock had a trading volume of 316 shares, compared to its average volume of 3,750. The company has a 50-day simple moving average of $38.24 and a 200 day simple moving average of $37.94. ETC 6 Meridian Low Beta Equity Strategy ETF has a 1 year low of $35.69 and a 1 year high of $39.75. The company has a market capitalization of $193.91 million, a PE ratio of 17.82 and a beta of 0.57.

ETC 6 Meridian Low Beta Equity Strategy ETF Company Profile

The ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of US stocks selected for fundamental factors of growth and low volatility. Securities are equally weighted. SIXL was launched on May 11, 2020 and is managed by Meridian.